Fee reduction for DAI transfers into Gnosis Chain on Hop
Fee reduction for DAI transfers into Gnosis Chain on Hop
Bonder fee for DAI transfers into Gnosis Chain on Hop has been cut in half again, resulting in a 75% reduction in fees compared to a few weeks ago. Happy Hopping! :rabbit:
If you thought the last fee reduction was nice, just wait until you see today's update 馃槷 The bonder fee for DAI transfers into @gnosischain have been cut in half AGAIN. This means you're now paying 75% less in fees than you were just a few weeks ago! Happy Hopping 馃惏
Fee reduction is live NOW on @HopProtocol! 馃
Hop DAO Launches 2.25M $HOP Token Grants Program
Hop DAO announces a revitalized grants program backed by 2.25M $HOP tokens. The initiative seeks proposals across multiple categories: - Hop v2 protocol enhancements - Marketing and awareness campaigns - Community tool development - Governance infrastructure - Cross-protocol innovations Developers, marketers, and community builders can submit proposals through the Hop DAO forum. This follows Hop's successful collaboration with Optimism, where their sybil detection work recovered ~1% of OP from Airdrop 1. *Submit proposals at: forum.hop.exchange*
Hop Protocol Announces Arbitrum Integration and Incentives
Hop Protocol has claimed a grant from the Arbitrum Layer Two Incentive Program (LTIPP). For the next 12 weeks, users can stake their Ethereum (ETH), DAI, and USDT liquidity provider tokens on the Arbitrum network to earn Arbitrum (ARB) tokens as rewards. Additionally, Hop users sending funds to Arbitrum will receive an 80% refund on their total onboarding fees during this period. This integration aims to promote the adoption of Layer 2 scaling solutions and foster collaboration between the Arbitrum and Hop communities.
Hop's LTIPP Proposal Passes Arbitrum Governance
Hop's proposal for a long-term incentive plan has been approved by the Arbitrum governance process. The proposal allocates 500,000 ARB tokens to be used for enhancing and expanding the Arbitrum ecosystem through Hop's initiatives. This development is seen as a significant step in fostering the growth of the Arbitrum Layer-2 network and its associated projects.
Gnosis Chain Announces Lower Bonder Fees
Gnosis Chain, a layer-2 scaling solution, has announced a reduction in bonder fees for transferring DAI cryptocurrency into and out of its network. The new lower fees aim to provide users with an even more cost-effective experience when utilizing the Gnosis Chain. Additionally, the platform hints at the possibility of slippage occasionally working in favor of users. Gnosis Chain positions itself as a community of layer-2 pioneers, inviting users to join and explore its cross-chain capabilities.
USDC Bridge Upgrade Completed on Hop
The USDC bridge upgrade on Hop is now complete. USDC transfers now use Circle's CCTP, allowing users to send and receive native USDC on all supported chains. Happy hopping! :rabbit: